Schnitzer Properties’ Post

The traditional residential model of just building a really nice building is not enough anymore. Each new development has to have a brand, has to conjure up the idea of what the #lifestyle can be. According to Savills, the Middle East in particular stands out, with 12% of global supply, and the pipeline for the region is solid, with growth of 120% to 2030, the strongest for any global region. #brandedresidence #luxuryliving

A new development is in the works that could change Louisville’s skyline. Plans for a 27-story Downtown tower called One Forty West have appeared on New York City-based commercial real estate development firm Zyyo’s website. The skyscraper would sit on the corner of 2nd Street at 140, 138 and 136 West Market Street. The location is across the street from the future Canopy by Hilton hotel, which is another Zyyo development and is currently under construction. Nick Campisano, founder and CEO of Zyyo, confirmed to Business First that his firm, in partnership with Hawley, Minnesota-based TruVine Companies, are in the early planning stages to build the estimated $175 million tower, featuring a 300-room hotel. These two firms are also co-developing the Canopy by Hilton. A Downtown tower of this magnitude would be the first in Louisville since the 30-story Omni Louisville Hotel opened in 2018. Campisano said the success Zyyo and TruVine have had in constructing the Canopy by Hilton have given them the confidence to move forward with the One Forty West project, which he said has been in the works for two years. He said the two hotels will compliment each other, while capitalizing off of the growth of Bourbonism and the renovation of the Kentucky International Convention Center. While a hotel brand has yet to sign onto the tower, Campisano said he is in discussions with major brands to create a hotel experience not currently available in the Louisville market. Plans on Zyyo's website call for a hotel, with a restaurant on the ground floor and a bar on the rooftop. The third floor would feature a grand ballroom, meeting rooms and administrative space. The first four floors share the same footprint, rising up to a pool deck and bar, according to the plans. A narrow tower encompasses the remaining floors. The outside of the tower appears to have large glass windows, with a glass canopy covering the entry. #commercialrealestate #expansion #economicdevelopment #Louisvillerealestate #hotels

Did you know that Miami Worldcenter is the second largest project of it's kind currently underway in the United States? The transformative 27 acre, $6 billion master-planned development is reshaping Downtown Miami into a dynamic destination for shopping, dining, art and and entertainment. "The project is designed to provide Miami with 600,000 square feet of offices, 300,000 square feet of retail space, over 100,000 square feet of public green area, about 11,000 residential units that include both rental and for-sale units, and 850 hotel rooms," shares CoStar Group. Read the full article, "In Miami, New Worldcenter Downtown Neighborhood Takes Shape" https://lnkd.in/gcS34Aej #cim #cimgroup

Lang’s new mixed-use complex on Creek View Road in Newark, DE transforms the historic 233-acre tract purchased by Samuel Johnson in 1715, where grist and sawmills once operated using White Clay Creek's power. Over time, the land changed hands and purposes, adapting to regional needs. The development of a mixed-use complex represents a modern adaptation of the site to meet contemporary needs and demands. The Creek View Complex integrates residential, professional, commercial, entertainment and culinary spaces into a single development, fostering a sense of community and providing convenient access to amenities and services. RESIDENTIAL: 1 and 2 BR apartments are offered in a soon-to-be remodeled, well-appointed residential facility. Amenities include a fitness center, community room, coffee bar, rooftop patio, outdoor deck, and a sports court. COMMERCIAL: Within the complex is a newly constructed professional building. This structure offers 31,000 sq ft of office space, meticulously designed to cater to the diverse needs of businesses. This modern facility promises versatility and functionality, providing a premier workspace for discerning professionals. ENTERTAINMENT: The under-construction theater is positioned to be the new home of Chapel Street Players, providing them with a fresh aesthetic and offering their patrons the convenience of complimentary on-site parking. CULINARY: The 4800– square foot restaurant space, available for lease, includes an outdoor dining patio featuring views of White Clay Creek. This restaurant will benefit from the influx of new residents, professionals, and theatergoers that the complex will bring. As we embark on this exciting journey of revitalization, we invite you to become a part of the vibrant tapestry of Creek View. Whether you're seeking a modern urban dwelling with conveniences at your doorstep or envisioning your culinary venture thriving in a new dynamic dining establishment, there's a place for you here. Join us in celebrating the rich history of this land while embracing the boundless opportunities that lie ahead. Together, let's write the next chapter of Creek View's legacy, where tradition meets innovation and community flourishes. #LangDevelopmentGroup #CommunityRevitalization #MixedUseCommunity #CreekViewComplex

Reno's commercial real estate landscape is poised for significant growth in the retail and commercial sectors. With a thriving tourism industry and a local population seeking diverse shopping and dining experiences, developers are keen on creating vibrant retail and entertainment centers. These developments will not only cater to residents but also capitalize on the city's status as a tourist destination. Expect to see the construction of new shopping districts, entertainment venues, and mixed-use developments that combine retail, dining, and office spaces. Read more in our latest article, "Forecast for Commercial Building in Reno, Nevada in 2024" here: https://bit.ly/3M7Ixn6 #apexconstruction #construction #northernnevada #qsr #qsrconstruction #quickservicerestaurants #commercialconstruction #tenantimprovements #multifamilyconstruction #renonevada #fastfood #fastfoodrestaurants #officespaceconstruction #industrialconstruction #logistics #retailconstruction #coworkingspace #sustainableconstruction #sustainablebuilding

Historic Cape Georgian Property with Commercial Zoning in Belvidere, Knysna. Garden Route. SOUTH AFRICA. This historic Cape Georgian property located at the entrance to Belvidere Estate, captures the essence of a bygone era while being strategically poised as a commercially zoned venue. A short distance from the dynamic town of Knysna, the property features a beautifully restored building that highlights its original charm and architectural elegance, perfectly complementing the renowned Oak Leaf Café which currently operates from there. The building presents an inviting facade with white-washed walls and classic black and white awnings, perfectly framing the quaint and historical essence of the property. Surrounded by beautiful oak trees, it creates a peaceful atmosphere that serves as an idyllic backdrop for the cafe’s guests. The garden, an integral part of this property, includes various tranquil spots and is well-appointed with a fountain courtyard, stoeps, and verandahs, making it an exemplary venue for any occasion. Preserved original wooden floors and Oregon pine trusses emphasises the building’s historical integrity. It offers three distinct dining areas, each thoughtfully decorated in a charming French bistro style that adds a touch of European elegance to the dining experience. Ample parking facilities, ensuring easy access and convenience for guests. With its strategic location and commercial zoning, this property is uniquely positioned to cater to a diverse array of events and functions. It is equipped with modern sustainable features such as solar panels, inverters, batteries, and a borehole water system, supporting nearly self-sufficient operations. Designed to accommodate up to 120 guests, its facilities are versatile and can be customised for different events and functions. Importantly, this property is one of only two in Belvidere that are zoned as commercial, making it a rare and strategic investment opportunity. As the current home of the Oak Leaf Café, this property invites potential owners to continue nurturing this beloved venue or to introduce new concepts that leverage its unique characteristics and prime location. Combined with the purchase of the Oak Leaf Cafe business, this property provides a comprehensive opportunity to perpetuate and expand upon a storied legacy in Belvidere's heart. ZAR 9,000,000 | Plot surface 1,717 m² 📍Engel & Völkers ID : ENV178769 - https://bit.ly/3JKj69A 📞Presented by Stefanie Greyling | +27 83 289 5112 . . #commercial #commercialzoning #belvidere #belvidereestate #knysna #gardenroute #engelvoelkersknysna #finestrealestateknysna

Historic Cape Georgian Property with Commercial Zoning in Belvidere, Knysna. Garden Route. SOUTH AFRICA. This historic Cape Georgian property located at the entrance to Belvidere Estate, captures the essence of a bygone era while being strategically poised as a commercially zoned venue. A short distance from the dynamic town of Knysna, the property features a beautifully restored building that highlights its original charm and architectural elegance, perfectly complementing the renowned Oak Leaf Café which currently operates from there. The building presents an inviting facade with white-washed walls and classic black and white awnings, perfectly framing the quaint and historical essence of the property. Surrounded by beautiful oak trees, it creates a peaceful atmosphere that serves as an idyllic backdrop for the cafe’s guests. The garden, an integral part of this property, includes various tranquil spots and is well-appointed with a fountain courtyard, stoeps, and verandahs, making it an exemplary venue for any occasion. Preserved original wooden floors and Oregon pine trusses emphasises the building’s historical integrity. It offers three distinct dining areas, each thoughtfully decorated in a charming French bistro style that adds a touch of European elegance to the dining experience. Ample parking facilities, ensuring easy access and convenience for guests. With its strategic location and commercial zoning, this property is uniquely positioned to cater to a diverse array of events and functions. It is equipped with modern sustainable features such as solar panels, inverters, batteries, and a borehole water system, supporting nearly self-sufficient operations. Designed to accommodate up to 120 guests, its facilities are versatile and can be customised for different events and functions. Importantly, this property is one of only two in Belvidere that are zoned as commercial, making it a rare and strategic investment opportunity. As the current home of the Oak Leaf Café, this property invites potential owners to continue nurturing this beloved venue or to introduce new concepts that leverage its unique characteristics and prime location. Combined with the purchase of the Oak Leaf Cafe business, this property provides a comprehensive opportunity to perpetuate and expand upon a storied legacy in Belvidere's heart. ZAR 9,000,000 | Plot surface 1,717 m² 📍Engel & Völkers ID : ENV178769 - https://bit.ly/3JKj69A 📞Presented by Stefanie Greyling | +27 83 289 5112 . . #commercial #commercialzoning #belvidere #belvidereestate #knysna #gardenroute #engelvoelkersknysna #finestrealestateknysna

Historic Cape Georgian Property with Commercial Zoning in Belvidere, Knysna. Garden Route. SOUTH AFRICA. This historic Cape Georgian property located at the entrance to Belvidere Estate, captures the essence of a bygone era while being strategically poised as a commercially zoned venue. A short distance from the dynamic town of Knysna, the property features a beautifully restored building that highlights its original charm and architectural elegance, perfectly complementing the renowned Oak Leaf Café which currently operates from there. The building presents an inviting facade with white-washed walls and classic black and white awnings, perfectly framing the quaint and historical essence of the property. Surrounded by beautiful oak trees, it creates a peaceful atmosphere that serves as an idyllic backdrop for the cafe’s guests. The garden, an integral part of this property, includes various tranquil spots and is well-appointed with a fountain courtyard, stoeps, and verandahs, making it an exemplary venue for any occasion. Preserved original wooden floors and Oregon pine trusses emphasises the building’s historical integrity. It offers three distinct dining areas, each thoughtfully decorated in a charming French bistro style that adds a touch of European elegance to the dining experience. Ample parking facilities, ensuring easy access and convenience for guests. With its strategic location and commercial zoning, this property is uniquely positioned to cater to a diverse array of events and functions. It is equipped with modern sustainable features such as solar panels, inverters, batteries, and a borehole water system, supporting nearly self-sufficient operations. Designed to accommodate up to 120 guests, its facilities are versatile and can be customised for different events and functions. Importantly, this property is one of only two in Belvidere that are zoned as commercial, making it a rare and strategic investment opportunity. As the current home of the Oak Leaf Café, this property invites potential owners to continue nurturing this beloved venue or to introduce new concepts that leverage its unique characteristics and prime location. Combined with the purchase of the Oak Leaf Cafe business, this property provides a comprehensive opportunity to perpetuate and expand upon a storied legacy in Belvidere's heart. ZAR 9,000,000 | Plot surface 1,717 m² 📍Engel & Völkers ID : ENV178769 - https://bit.ly/3JKj69A 📞Presented by Stefanie Greyling | +27 83 289 5112 . . #commercial #commercialzoning #belvidere #belvidereestate #knysna #gardenroute #engelvoelkersknysna #finestrealestateknysna

Mixed Views On Proposed Patchogue Riverfront Hotel Patchogue residents packed into Village Hall recently to weigh in on a measure related to the five-story Hilton hotel proposed for 138 West Avenue, Greater Patchogue reports. The Village Board held a public hearing regarding a change of zone from E-Industrial District to Hotel District for a parcel located at the southwest corner of West Avenue and Division Street, where developers hope to build a Tempo by Hilton hotel. After holding a public hearing on this matter in February, the Planning Board recommended the Village Board enact this change of zone. Plans for the hotel call for 56 king rooms, 50 double queens, 10 hotel suites, and 14 two-bedroom and two one-bedroom apartments, large event spaces, a spacious gym, and a rooftop restaurant and bar featuring a 3,000-square-foot outdoor seating area open to the public, the outlet describes. According to Greater Patchogue, many who opposed the project cited traffic and insufficient parking as their highest concerns. The hotel must have 118 parking stalls on site. Current plans call for 119, which many residents deem insufficient. Property owners worry overflow parking will spill onto their street. Some residents expressed support for the project while posing questions, such as those concerned about the well-being of the Patchogue River. Following the discussion, the Village Board closed the public hearing. Before the trustees vote on the change of zone, the Suffolk County Planning Commission must vote on the same matter, the outlet notes. Regardless of how the county votes, the village can overrule with a majority-plus-one vote. If the trustees green light the zone change, the developers may proceed with an application process that would include traffic studies, site plan approvals, public hearings and potential alterations to current plans. Click here for the complete Greater Patchogue article. https://lnkd.in/enW5H_Ff

Luxury and Controversy: Brisbane's Casino Precinct Unveiled After nearly a decade in the making, Brisbane’s Queen’s Wharf precinct, valued at $3.6 billion, has officially opened its doors. Designed by Cottee Parker Architects, this mixed-use development features four distinct towers connected by a sky deck 30 storeys above ground level, offering panoramic views of the Brisbane River, CBD, and Mt Coot-tha. The precinct includes the Brisbane Star casino, multiple hotels, retail spaces, an event centre, public art gallery, and a range of dining options. A standout feature is the new Neville Bonner Bridge, designed by Grimshaw Architects, which connects Southbank to Queen’s Wharf, enhancing access to the riverfront and surrounding areas. The bridge, named after the first Indigenous Australian in Parliament, adds both historical significance and practicality to the precinct. The development has faced its share of controversy, particularly regarding the demolition of the Neville Bonner Building, a significant architectural site. Despite the backlash, Economic Development Queensland approved the project in 2018, and it’s now expected to attract an additional 1.4 million visitors to Queensland annually, according to The StarBrisbane CEO, Daniel Finch. While key components like The Star Grand hotel and the casino are already operational, more exciting additions, including the Dorsett and Rosewood hotels, are set to open by 2026. #BuildingTalks #BrisbaneDevelopments #BrisbaneRealEstate